Property score
58.7
Fair
Overall 58.7 · Smaller and older than most nearby homes
998 sqft (bottom 21%) · Built in 1946 (29 yrs older than avg)
Located in a high-income area with median household income of ~91k
Transit 62.0 · 2-min walk to transit with 1 nearby route · Within 500m: 1 healthcare facility, 1 shop, and 3 parks nearby
Living Area
Below average
28% smaller than neighborhood avg.
Year Built
Below average
29 yrs older than neighborhood avg.
Mother tongue
English · 80%French · 3%
Past 10 years Varsity View sales snapshot (~80% of all data)
281
492k
$398/sqft
1975
Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.
Usually replies in a few minutes
Free · No credit card required
58.7 is composed by the two sections below.
Property Score
Community Score
Varsity View
How to read: Share of sales in each ~$50k price band for “varsity view” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.
Sales-to-New-Listings
1,196
sold
1,852
new listings
Manitoba Real Estate Association March public data on New Listings and Properties Sold across Manitoba
Sold Above Asking
Majority sold above asking
68 of 104 sold above asking · Manually compiled from MLS Winnipeg sold listings, May 4 – May 10, 2026
With a Sales-to-New-Listings ratio of 64.6% and 65% of homes selling above asking price, demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110348
$91K
Median household income
$105K
Average household income
6%
Low income (LIM-AT)
0.2
Income inequality (Gini)
3.2
P90 / P10 ratio
26%
Single-person households
26%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
To see this property on a map next to nearby houses—and compare year built, living area, assessed value, and lot size in detail—open the neighbourhood analysis page.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
221 Elmhurst Road — 5 amenities found within 500 m, across 3 categories, including 1 healthcare (nearest 304 m), 1 shopping (nearest 249 m), 3 parks (nearest 339 m).
Varsity View · WPS public data · 2026
Annual incidents
6
2026
vs. city avg
-80%
relative to avg
Year-over-year
▼ -93%
vs. prior year
Primary type
Property
83%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 10% | Bottom 12% | Bottom 27% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 2% | Bottom 4% | Bottom 15% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview
This 1946 one-and-a-half storey home in Varsity View offers a classic footprint on a generous 5,383 sqft lot. Its key characteristics include a fully finished basement and a practical 998 sqft of living space. The appeal here is grounded in its established neighbourhood setting and the value derived from its larger-than-average lot—a canvas for gardening, play, or future expansion that newer subdivisions often lack. Its recent sale history shows steady appreciation, and its overall assessment ranks it solidly in the middle of the Winnipeg market, suggesting a stable, no-surprises value proposition.
This property would suit a first-time buyer or a downsizer looking for a manageable, character home without the maintenance of a massive footprint. It’s also a potential fit for a buyer who sees the inherent value in land size and views the home itself as a solid foundation for gradual, personalized updates. The rankings indicate it’s not the newest or largest on the block, so it appeals to those prioritizing location and lot over turn-key modern finishes.
Frequently Asked Questions
Q: How does the age of the home (1946) impact ownership?
A: While the home has stood for 80 years, prospective buyers should budget for age-appropriate maintenance. The upside is that these older homes often feature solid construction and mature landscaping not found in new builds.
Q: The home ranks low for its size on the street. Does that mean it's small?
A: At 998 sqft, it's indeed more compact than 74% of its immediate neighbours. This translates to lower utility costs and less upkeep, which can be a benefit for the right buyer, but confirms expectations should be set for cozy, efficient living spaces.
Q: There's no garage. How is parking handled?
A: The listing does not specify dedicated parking. Given the era and neighbourhood, it likely relies on street parking or a rear driveway. This is a common trade-off in established areas and something to verify during a viewing.
Q: The lot is large, but what can I actually do with it?
A: The 5,383 sqft lot is a significant asset. Beyond a spacious yard, it may offer potential for additions like a garage, garden suite (subject to zoning), or simply abundant green space—a rarity that often appreciates in value.
Q: The assessment value is higher than the 2020 sale price. What does that indicate?
A: The assessed value of $307,000 being above the 2020 sale price of $265,000 reflects market-wide appreciation over the past four years. It suggests the property has kept pace with area trends, but the sale price will ultimately be determined by current market conditions.
